Brookside Vl, Texas Property Taxes
The median property tax rate in BROOKSIDE VL, TX is 2.32%, significantly higher than both the national median of 0.99% and the Texas state median of 1.67%. With the median home value in BROOKSIDE VL at $112,005, the typical annual property tax bill reaches $2,593, which is just below the national median of $2,690. Property taxes in BROOKSIDE VL are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding BROOKSIDE VL's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of BROOKSIDE VL or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brookside Vl, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.32%
Estimate Property Tax Bill
$2,599
$2,404
$1,148
Average Brookside Vl, Texas Tax Savings
Ownwell’s Brookside Village Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brookside Village with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brookside Village to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Brookside Village. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Brookside Vl, Texas
Property taxes in Brookside Village, Texas, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brookside Village is 2.32%, significantly higher than both the Texas state median and the U.S. national median of 0.99%. Local government entities within Brookside Village set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brookside Village estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Brookside Village's effective property tax rate to other counties in Texas and the national median. For comparison, the 77581 zip code has the highest median property tax rate of 2.32%, while the same zip code also has the lowest median tax rate of 2.32%. Understanding how these cities compare with Brookside Village provides valuable insights into the varying tax landscape across Brazoria County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brookside Vl Tax Rate
2.32%
Average Brazoria County Tax Rate
1.96%
Average Texas Tax Rate
1.67%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brookside Vl, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77581 | 1.06% | 1.96% | 2.32% | 2.32% | 2.32% |
Source: Ownwell
$1,148
Average Brookside Vl Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Brookside Vl, Texas
In Brookside Village, Texas, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Brazoria County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Brookside Village, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in Brookside Village is $112,005, with tax bills ranging from $715 at the 25th percentile to $5,851 at the 90th percentile. The highest median tax bill of $2,593 is found in the 77581 zip code, which also has the lowest median tax bill. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brookside Vl Assessed Value
$112,005
Average Brazoria County Assessed Value
$236,820
Average Texas Assessed Value
$247,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brookside Vl, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77581 | $16,646 | $40,085 | $112,005 | $253,188 | $299,786 |
Source: Ownwell
$1,148
Average Brookside Vl Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Brookside Vl, Texas
In Brookside Village, Brazoria County, TX, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local appraisal district and reflects the market value of the property. The tax rate, applied to this assessed value, varies within the county and can significantly impact the final tax bill. For instance, homeowners in Brookside Village face a range of property tax bills, from the 25th percentile at $715 to the 90th percentile at $5,851. This variability underscores the importance of accurate assessments, as overvaluations can lead to disproportionately high tax bills. Homeowners can benefit from Ownwell’s expertise in property tax appeals and exemptions. By conducting a thorough analysis of your property’s assessed value and comparing it to similar properties, Ownwell identifies opportunities to challenge overassessments. This process can lead to substantial savings, ensuring you only pay your fair share. With the highest median tax bill in the county being $2,593, reducing your assessed value can make a significant difference in your annual expenses.
Average Brookside Vl Tax Bill
$2,593
Average Brazoria County Tax Bill
$4,022
Average Texas Tax Bill
$3,971
Average United States Tax Bill
$2,690
Property Tax Bills Across Brookside Vl, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 77581 | $315 | $715 | $2,593 | $4,071 | $5,851 |
Source: Ownwell
$1,148
Average Brookside Vl Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Brazoria Appraisal District | |
| Website | esearch.brazoriacad.org |
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